Post by Logan on Apr 29, 2016 21:55:33 GMT -6
Kansas legislators have given their final approval to a bill that would limit the power of cities and counties to levy property taxes starting next year.
The measure passed Friday revises a property tax lid that was enacted last year and is set to take effect in January 2018. The bill makes the effective date January 2017.
The votes were 112-5 in the House and 37-3 in the Senate. The measure goes next to Gov. Sam Brownback.
Cities and counties couldn't spend an increase in property tax revenues above the rate of inflation without voters' approval with some exceptions. Local officials who couldn't spend the extra revenues would have to drop tax levies.
Read more: www.newspressnow.com/news/state/article_d98390f3-8644-5b73-819c-c547c2c9b03e.html
The measure passed Friday revises a property tax lid that was enacted last year and is set to take effect in January 2018. The bill makes the effective date January 2017.
The votes were 112-5 in the House and 37-3 in the Senate. The measure goes next to Gov. Sam Brownback.
Cities and counties couldn't spend an increase in property tax revenues above the rate of inflation without voters' approval with some exceptions. Local officials who couldn't spend the extra revenues would have to drop tax levies.
Read more: www.newspressnow.com/news/state/article_d98390f3-8644-5b73-819c-c547c2c9b03e.html